China’s benchmark Shanghai Composite Index (000001.SH) gained 0.27% on Monday, while the Shenzhen Component Index (399001.SZ) fell 0.11%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.74% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.39%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Cover Story: Is Global Inflation About to Take Off?
Copper-led surge in commodity prices sparks worries, but pandemic rebound may differ from ordinary recession recovery, economists say
· Obituary: Remembering My Legendary Mentor David Swensen
Longtime Yale endowment chief taught the meaning of ‘fiduciary’ and the value of ‘risk management’ to a student who later founded Hillhouse Capital
· China’s Sinopharm Vaccine Put on WHO Emergency Use List
Organization’s validation of the shot’s safety, efficacy and quality paves the way for its broader rollout globally
· Weaning U.S. Off Chinese Rare Earths Involves Supply-Chain Perks
China has dominated worldwide production of the minerals for more than a decade
· China’s President Xi Tells IOC the Winter Olympics Will Proceed as Planned
The country is pushing ahead with preparations for the games despite the pandemic
· China Extends Historic Corn-Buying Spree With U.S. Purchase
Chinese buying has been a key factor in driving global grain prices to multiyear highs
Views and insights from officials from the central bank, securities regulator and commerce ministry
· China’s Banking Regulator Revamps Financial Licensing
CBIRC consolidates a welter of licenses into three categories, aiming to clear up administrative problems and impose greater enforcement consistency
· China Amends Audit Law to Expand Coverage
Improvement of system is part of long-running anti-corruption campaign as many high-profile graft cases start with audit findings
· Chinese Telecom Giants Lose Appeals of NYSE Delistings
Shares of China Mobile, China Unicom and China Telecom to be dropped from U.S. market as Biden administration maintains Trump’s investment ban
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This article was generated by Caixin Automation.
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